Why Analysts Are Cutting Their Targets on IBM
Overall this was a very weak quarter, despite IBM managing to pull off a beat on the bottom line, but it seems that the bar was already set very low. As a result, investors…
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Lam Research Posts Handy Gain on Solid Earnings and Guidance
Shares of Lam Research saw a handy gain on Wednesday after the company reported better than expected quarterly results late Tuesday.
4 Red-Hot Tech Stocks That JPMorgan Loves Into Earnings
JPMorgan analysts are very positive on four top tech companies into the earnings season. These four stocks are very solid picks in a market that is pretty rich.
Google, Apple Race for Lead in Artificial Intelligence
Technology research firm IDC forecasts a compound annual growth rate of more than 50% in global spending on cognitive and artificial intelligence systems.
IBM Lurches Toward December Lows
Stung by poor earnings and analyst downgrades and price cuts, IBM shares have dropped to a low point hit back in December.
As Watson Falters, IBM Needs to Replace CEO Rometty
IBM has failed almost every test a turnaround can fail. CEO Ginni Rometty has been in her job too long. IBM's board must know that.
Yahoo Reports Earnings for the Last Time
Yahoo posted its last earnings results as an independent company, beating both EPS and revenue estimates. The company expects its acquisition by Verizon to be completed in June.
IBM Stumbles on Mixed Earnings
International Business Machines Corp. (NYSE: IBM) reported its first quarter earnings results after the markets closed on Tuesday. The company said that it had $2.38 in earnings per share (EPS) and $18.2 billion in…
Analyst Loves 3 Top Tech Stocks to Buy Before Q1 Earnings
RBC is cautiously optimistic on coming quarter results and focused on some top tech companies it feels have the ability to surpass current estimates.
RBC Joins Analyst Target Hike Brigade for Apple
RBC Capital Markets reiterated its Outperform rating on Apple, and the firm joined the slew of other analysts raising its targets.
Cloudera Sets IPO Pricing, Terms
Big data software platform provider Cloudera has set terms for its coming IPO. The company plans to offer 15 million shares in an expected price range of $12 to $14. This is not particularly…
Where Is Watson? The Mystery Behind IBM’s Numbers
Watson is an umbrella brand, and it covers some large portion of IBM's cloud and artificial intelligence operations. Outsiders routinely complain that Watson is as much a marketing tool as a successful business.
Despite Share Price Drop, Apple Still DJIA’s Best Performing Stock of 2017
Apple's shares dropped nearly 2% last week, but the company maintained its position as the best-performing stock in the Dow Jones Industrial Index.
IBM Shares Stumble Ahead of Earnings
Wall Street continues to be concerned that IBM's long-term drop in revenue will continue, which pressures the bottom line unless the tech firm keeps up its layoffs.
Analyst Opines Amazon Could Be Worth More Than Microsoft
Amazon could move into third place in the market cap rankings relatively soon, displacing Microsoft and trailing only Apple and Alphabet. One analyst puts a 12-month price target of $1,100 on the stock along…